Universal Beteiligungs und Servicegesellschaft mbH Sells 8,562 Shares of Gulfport Energy Corporation $GPOR

Universal Beteiligungs und Servicegesellschaft mbH lowered its stake in Gulfport Energy Corporation (NYSE:GPOR) by 11.3% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 67,006 shares of the company’s stock after selling 8,562 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Gulfport Energy were worth $13,480,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Strs Ohio acquired a new stake in shares of Gulfport Energy during the 1st quarter valued at $239,000. Rhumbline Advisers increased its holdings in Gulfport Energy by 1.2% in the 1st quarter. Rhumbline Advisers now owns 20,623 shares of the company’s stock worth $3,798,000 after purchasing an additional 248 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt raised its position in Gulfport Energy by 337.6% in the second quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 61,700 shares of the company’s stock valued at $12,412,000 after purchasing an additional 47,600 shares during the last quarter. Pallas Capital Advisors LLC acquired a new stake in shares of Gulfport Energy during the second quarter valued at about $263,000. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of Gulfport Energy during the second quarter worth about $557,000.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Gulfport Energy in a report on Wednesday, October 8th. William Blair began coverage on shares of Gulfport Energy in a research report on Monday, August 25th. They issued an “outperform” rating for the company. Jefferies Financial Group began coverage on shares of Gulfport Energy in a report on Thursday, October 23rd. They set a “buy” rating and a $250.00 price target on the stock. Mizuho reduced their price objective on shares of Gulfport Energy from $227.00 to $199.00 and set a “neutral” rating on the stock in a research note on Monday, September 15th. Finally, Wall Street Zen lowered Gulfport Energy from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Gulfport Energy has a consensus rating of “Moderate Buy” and a consensus target price of $221.25.

Insider Activity at Gulfport Energy

In related news, Director Timothy J. Cutt sold 2,635 shares of the company’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $210.45, for a total transaction of $554,535.75. Following the sale, the director owned 35,473 shares in the company, valued at $7,465,292.85. This represents a 6.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director David D. Wolf sold 1,525 shares of Gulfport Energy stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $210.27, for a total value of $320,661.75. Following the completion of the sale, the director owned 4,462 shares of the company’s stock, valued at approximately $938,224.74. The trade was a 25.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,760 shares of company stock worth $978,140 in the last 90 days. Corporate insiders own 0.62% of the company’s stock.

Gulfport Energy Stock Up 0.3%

GPOR opened at $212.09 on Thursday. Gulfport Energy Corporation has a twelve month low of $153.27 and a twelve month high of $215.57. The business’s fifty day moving average price is $186.83. The firm has a market capitalization of $4.10 billion, a PE ratio of -29.54 and a beta of 0.62. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.51 and a current ratio of 0.51.

Gulfport Energy (NYSE:GPOR) last released its earnings results on Tuesday, November 4th. The company reported $3.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.64 by ($1.51). Gulfport Energy had a negative net margin of 9.14% and a positive return on equity of 18.89%. The firm had revenue of $379.75 million during the quarter, compared to analyst estimates of $343.18 million.

Gulfport Energy Company Profile

Gulfport Energy Corporation engages in the exploration, development, acquisition, production of natural gas, crude oil, and natural gas liquids (NGL) in the United States. Its principal properties include Utica Shale covering an area approximately 187,000 net reservoir acres primarily located in Eastern Ohio; and SCOOP covering an area approximately 74,000 net reservoir acres primarily located in Garvin, Grady, and Stephens.